UIUC Fa 2001 Accy403 (MSBA) Overview Purpose & learning objectives Format Workload, class preparation and grades Communication Next class

Purpose & learning objectives Use of accounting for managerial reporting and planning and control decisions –Understanding reporting needs and regulations –Understanding the financial accounting system –Understanding the financial reporting system –Understanding cost behavior –Making decisions based on accounting numbers –Designing the accounting system –Using the accounting system to control decentralized or delegated decision making behavior.

Format Discovery learning –Read before class (chapter or part of chapter) –Work problems –Bring solutions to class –Discuss solutions in class –Work on a new problem in class (in groups).

Workload, class preparation and grades Homework: 12 of 15 assignments120 Class participation 50 2 Midterm Exams (125 each)250 Final Project 80 Total500 No late assignment, no makeup exam. Always bring 2 copies of homework to class. Final grades are assigned based on class rank.

Communication Office: 225 E, David Kinley Hall Phone: Office hours: 1:00 – 2:30 Tu, Th or call me. TAs: Jessica Lambe and Carrie Roesner TA Office hours: TBA

Next class Read BFH Ch 1. –Understand how the financial reporting regulations work in the US –Do assignment 1 which requires you to describe the financial reporting regulatory system in your country (or some other country you are familiar with).